AKD overblows RW’s yahapalanaya debt
When Ranil Wickremesinghe came to power in 2015, our debt was LKR 8.5 trillion […] In 2020, the country’s debt […] stood at LKR 15 trillion […] Approximately, Ranil’s five years put the country more in debt by LKR 6.5 trillion.
JVP Sri Lanka Facebook page | October 22, 2023
Posted on: 7 December, 2023
False
President Wickremesinghe says money printing is prevented
We put the Central Bank there [in charge] without meddling in it. Henceforth, according to the law, we won’t be able to print money. We have lost our ability to borrow (obtain loans) from the Bank of Ceylon and the Peoples' Bank. Although it is tough, we have taken these steps to control inflation.
Rupavahini News | October 21, 2023
Posted on: 9 November, 2023
True
MP Godahewa off target on problem with tax targets
[…] The expected tax income for 2023 is Rs 3,130 billion [a 70% increase from 2022]. It is not something practical. Since the tax net is not functioning properly, the tax burden will fall on the same people who paid taxes in 2022. What has actually happened is that the income the taxpayers have to spend for their needs has reduced by 70%.
Aruna | October 9, 2023
Posted on: 26 October, 2023
False
MP Perera correct on industrial sector not so much on exports
…the exports have decreased by 19.5 %. […] in the first quarter of 2023, the industrial sector has collapsed by 23.4%.
Youtube page of Parliament of Sri Lanka | August 23, 2023
Posted on: 20 October, 2023
Partly True
MP Wickramaratne right on remittance reduction, but not up to date
If we look at remittances, the highest amount of remittances have been received in 2016, 2017, 2018. Thereafter, some arrived in 2020 and after that, it has declined steadily. Remittances peaked at around USD 7.2 billion […] Today, those remittances have dropped to USD 3.7 billion.
Samagi Jana Balawegaya Press Conference | August 28, 2023
Posted on: 12 October, 2023
Partly True
State Minister Siyambalapitiya mispresents regress as progress on casino taxes
[…] Effective April 1, 2023, we hope to impose a fee of USD 50 on every Sri Lankan who enters such a place of business of gaming. This law was in place since 2015. From 2015, the stated law was to charge USD 100 from a person, but not a cent has been charged yet over these eight years. We only commenced charging this amount this year. […] By starting with an entrance fee of USD 50 and increasing it to USD 200, we hope that… the participation of Sri Lankans will be greatly reduced.
Manthri.lk Watch | August 9, 2023
Posted on: 5 October, 2023
Partly True
MP Dissanayake correctly exposes foreign debt payment exposure
We have to pay close to USD 400 million a month in [foreign] debt.
Lankadeepa | October 12, 2020
Posted on: 26 November, 2020
True
Prime Minister Mahinda Rajapaksa fails to account for the accounting method
“…the budget deficit which my government brought down to 5.7 percent of Gross Domestic Product (GDP) in 2014, has increased to over 9.6 percent of the GDP by 2019…
2020 Appropriation Bill | November 13, 2020
Posted on: 19 November, 2020
False
President Gotabaya Rajapaksa overclaims change in economic growth
Prior to 2015, the economic growth rate was between 7% and 8%, but by 2019, it fell below 2%.
Divaina | June 16, 2020
Posted on: 7 July, 2020
Partly True
MP Ranawaka overestimates revenue growth under the yahapalana government
When the Yahapalana government came into power, state revenue was LKR 1.05 trillion. Our government doubled this income to LKR 2.1 trillion within 5 years.
Lankadeepa | February 6, 2020
Posted on: 29 April, 2020
Partly True
Minister Rambukwella on past GDP growth: Correct but also misleading
When President Mahinda Rajapaksa took over the country in 2005, the Gross Domestic Product (GDP) was USD 20 billion. In ten years, we increased the GDP to USD 80 billion.
Dinamina | December 4, 2019
Posted on: 15 January, 2020
True
MP Weerawansa falsely attributes to the USA/MCC, plans for an east-west economic corridor published by his ministry in 2011.
…last week, the [US] Millennium Challenge Agreement was signed in Parliament. Once signed, a special economic corridor will be built from Trincomalee to Colombo Port.
Ada | November 7, 2019
Posted on: 13 November, 2019
False
Minister Sajith Premadasa cites outdated statistics on income disparity
While the richest 20 per cent enjoy 54 per cent of the national income, the poorest 20 per cent of the country enjoys only 4 percent of it
Lankadeepa | July 9, 2019
Posted on: 3 October, 2019
False
Minister Eran Wickramaratne right on government borrowings, for two years, not four.
Total borrowings by the Government have been completely used to repay debt.
Dily FT | June 19, 2019
Posted on: 22 August, 2019
Partly True